American markets rebounded sharply at the end of the session.
The S&P 500 gained +2.91% to 6,528 points.
The Dow Jones Industrial Average rose by +2.49% to 46,341 points.
The Nasdaq Composite outperformed with +3.83% at 21,590 points.
The movement is directly related to Donald Trump’s statements, who mentioned a possible end to the conflict with Iran within two to three weeks, without immediate conditions on the Strait of Hormuz. This signal triggered a strong comeback for risk assets.
Meanwhile, oil prices remain high but are stabilizing: WTI around $102 and Brent close to $117. The dollar weakened by 0.4%, indicating a slight return of risk appetite.
Regarding monetary policy, Jerome Powell has taken on a softer tone, believing that rates are well positioned to “wait and see,” with no immediate risk to the financial system. The market anticipates a massive monetary status quo: over 97% probability for the next meeting, with rates still expected to be between 3.50% and 3.75% by the end of the year.
Indicators confirm a slight slowdown:
The Chicago PMI dropped to 52.8 (from 57.7) but remains in the expansion zone.
Household confidence increased to 91.8.
Job openings (JOLTS) decreased to 6.88 million, indicating a normalization of the labor market.
In terms of stocks, the AI theme drove the market.
Nvidia (+5.5%) invested $2 billion in Marvell Technology (+12.8%), strengthening their strategic partnership.
Microsoft rose by +3.1% with a $1 billion investment plan in AI in Thailand.
In the healthcare sector, Eli Lilly (+3.7%) acquired Centessa Pharmaceuticals (+44%) for over $6.3 billion.
Biogen decreased by -2.2% despite acquiring Apellis Pharmaceuticals (+136%).
Finally, McCormick & Company advanced by +1.2% after strong results and confirmed its strategic alignment with Unilever, with expected synergies of $600 million.
The session highlights a very reactive market to political signals: the rebound is significant but remains dependent on geopolitical trajectory and energy prices.
